Millions Missing Out On Better Loan Rates Caused By "Brexit"

Last week’s “Brexit” (Britain's Exit - UK’s withdrawal from the European Union) has led to significant changes in our financial markets. Namely, stock markets have been negatively affected; and home loan rates have fallen to four-year lows.

​It has been reported that nearly 7 million homeowners are in a position to take advantage of lower interest rates by refinancing.
 
Below are the 5 most common reasons homeowners are hesitating, along with explanations on why these may be inapplicable:

1) Too Time-Consuming
-We’ve created a simplified process for homeowners to refinance that requires minimal time investment, including step-by-step guidance along the way.
-We’re completing 90% of loans within 30 days, many in less than 25 days.
-Don’t just take our word for it - click here to see what clients say about our service, including 100% 5-star reviews on Yelp!
 
2) Not Enough Equity
-Home values have risen significantly the past couple years.
-We have loans that allow refinancing with less than 20% equity, while still avoiding mortgage insurance.
-We just helped a couple save over $380/month by refinancing to a lower rate and getting rid of their $271/month mortgage insurance...all with only having 10% equity!
 
3) Too Costly
-We can structure refinances with lenders taking care of costs for you, so you have absolutely NO costs.
-Contact us for more info on how a NO cost loan could work for you.
 
4) Waiting For Lower Rates
-This could mean missing out on savings in the meantime.
-A NO cost refinance now helps take advantage of savings right away. Then if rates fall further in the future, refinancing is possible again.
-This hedges against rates NOT falling further and being left with current higher rate loans.
 
5) Restarting Loan Payback Time
-Homeowners three years into their current loan don't want to be faced with starting over when they refinance.
-We can do “Flex-Term” loans, which allow us to provide any whole-year term.
-For example, if you’re four years into your current 30-year loan, we can help you acquire a 26-year mortgage so you don’t start the clock over...and still save on your monthly payment!

In addition to providing home loans, our knowledge of income tax preparation can help you understand the tax implications of any changes with your home loans.
 
It doesn’t cost you anything to check out your options! So feel free to contact us...we’re here to help!
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